Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long -0.18 11.72 0.97
Bottoms Long -0.18 9.36 0.92
Tops Intermediate -0.24 11.09 0.96
Bottoms Intermediate -0.18 9.55 0.79
Tops Short 0 13.87 0.06
Bottoms Short 0 12.41 0.11
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout
Intermediate Term Bullish Breakout